329 Beaver StCelina, OH 45822
Feast your eyes (and portfolio) on this outstanding and unique multi-family property. Theproperty is situated in a quiet area of Celina, Ohio and Grand Lake is within walking distance.This 6-unit complex has low vacancy and strong value-add features. Great cash flow with$41,160.00 in yearly income...which could be improved! The NOI is $23,380.00...which could beimproved. Standing Cap Rate is over 8%...which could be improved! The owner takes greatpride in maintaining a professional residential complex. There are (6) one-bedroom apartmentsplus garage space below them. One unit is downstairs and the other five are upstairs. There is also approximately 3600 sq feet of shop space with a cement floor and electric. Theproperty has one electric, gas, and water meter. There isalso a laundry facility that features a coin-operated washer and dryer. This package could be youropportunity for financial freedom. Property Management Services are available for the 'hands-off' investor.
Celina was established in 1834 by James Watson Riley. It is named after the town Salina, New York. During the late 1800s, the area grew due to the discovery of oil and natural gas deposits. There are now over 10,000 residents in Celina.
329 Beaver St
Celina, OH 45822